Financial services risk and regulation - Regulatory Updates Newsletter (September 2021)

September 2021

The key updates in the September edition include:

  • HKMA Circular on Implementation Arrangements for the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area
  • SFC Concludes Consultation on Proposed Amendments to the Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations) and the Prevention of Money Laundering and Terrorist Financing Guideline for Associated Entities
  • SFC Circular on Roadmap for Implementing the Hong Kong Investor Identification Regime and the Over-the-counter Securities Transactions Reporting Regime
  • HKMA issued Observations from Reviews on Sale of Qualifying Deferred Annuity Policy and Voluntary Health Insurance Scheme Products, and Referral Arrangement of Tax Deductible Voluntary Contributions
  • IA Circular on Enhancing the Guideline on Sale of Investment-Linked Assurance Scheme Products
  • Other Regulatory Updates

We have summarised the details of these key updates in this newsletter.

fsrr regulatory newsletter aug2021

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